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Fly News Breaks for June 15, 2017
SANM
Jun 15, 2017 | 08:22 EDT
BofA/Merrill analyst Ruplu Bhattacharya reinstated coverage on Sanmina with a Buy and a $48 price target. The analyst said valuation does not reflect higher margins from the growing Components, Products, and Services segment, solid free cash flow yield, margin expansion, benefits for vertical integration of the components business, optical communications competitive advantages.
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